Neonet, the independent execution service provider, today announced an execution service agreement with one of the major banks in Sweden, a leading full-service bank for retail and corporate customers.
When this already longstanding Neonet client was introduced to Neonet's new Cost+ model, they found a set-up that was well matched with their requirements for a cutting-edge technical platform combined with a transparent cost model. Together with Neonet's internal and third-party reporting, Smart Order Routing technology, and access to over 40 markets including all major MTFs and primaries in Europe and the Americas, this customer gains full control over the cost versus quality aspect.
"We are very pleased that one of the major Swedish banks has entered into an execution service partnership with Neonet." says Andreas Parback, Sales Manager at Neonet. He continues; "This confirms our belief that we have a very attractive execution service offering that is a good fit for both small and large companies, and we look forward to seeing this bank benefit from our superior execution quality and fully transparent fee model."